Announced
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Completed
Acquisition
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Private
Semiconductors
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semiconductors
United States
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Synopsis
Nokia, a Finnish multinational telecommunications, information technology, and consumer electronics company, completed the acquisition of Elenion, a vertically integrated semiconductor company. Financial terms were not disclosed. “Nokia is an industry leader in networking systems, including advanced coherent optical interfaces and hyperscale datacenter solutions. Elenion benefits by having its technology incorporated into an industry-leading portfolio and with a company offering solutions across a wide array of networking applications. Nokia’s strong optical industry leadership, size, scale, global reach, and ongoing commitment to investment in key technologies vastly accelerates the adoption of Elenion silicon photonics technology,” Larry Schwerin, Elenion Technologies CEO.
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